XAUUSD DEMAND OR SUPPLY AREA Gold Forecast for this week According to me, gold will choose up direction. If any confusion then convert these english into digit given bellow. plus nine two three zero four nine zero double nine four two five. This is technical analysis of gold for this week.
Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyze BTCUSDT on lower time frame: BTCUSDT is currently trading within a bullish pennant formation. If BTC bounces from the lower support at $94,700, it may continue to stay within the pennant and potentially break above the resistance level $98,500. However, if BTC breaks down this pattern, a downward move could take the price to the next support levels at $91,123 or $85,770. BTC could rebound from any of these supports. However, for BTC to move upwards or remain sideways, a weekly close above $94,750 is crucial. Key support zones: Primary support zone: $92,590 - $91,123 Secondary support zone: $86,790 - $85,770 If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!
17 days ago the “Incoming 40% collapse for XRP” idea was published at 1.15. Price action has rallied another 130% since then. Emotions are aplenty throughout the comment area with demands for a refund, and bulls now calling for an additional 10x by this time next year. Whether this idea is right or wrong is not the point, it is about facts. The facts: 1) Price action is now at legacy resistance from 2017 (see chart below). In other words, if you’ve held this token since that time this is now your first chance to secure a 0% gain. 2) Price action is outside the Bollinger Band just as below. Why is this time difference? 2a) RSI support breakout. 2b) This is also true for the XRP.btc pair, which was not true before. 3) Lastly the Bollinger Band is now curling up and inwards (like in the Dogecoin idea), momentum and volume is now leaving this market. 4) Price action is up 10x from the lows. A correction for 70% instead of 40% is forecast. Price action must backtest the resistance breakout as support to confirm uptrend. Is it possible price action continues up? Sure. Is it probable? No. Ww Legacy resistance on Monthly https://www.tradingview.com/x/F86XxXhm/
if 30 min candle closes above 2652 than buy with Target @ 2666. if 30 min closes below 2634 than sell with Target @ 2622. sl 1% of your account.
Buy WAVES and thanks me later. waves is in accumulation phase and formed strong bullish divergence on weekly time frame. If the accumulation box breaks to the upside we will witness the massive bulls rally towards 20+ level.
#Alts market cap total3 started the #Altseason period by completing a monthly close above the handle cup neckline level (789B) and also the major resistance level (960B) on the linear chart.
Key Points: Cup and Handle Pattern: The chart indicates the formation of a Cup and Handle pattern, a bullish continuation pattern. The "cup" formation began around April 2024 and completed in November 2024. The "handle" part is forming currently and has recently broken out, suggesting a continuation of the upward trend. Support and Resistance Levels: Current Price: The current price is $0.19273. Immediate Support: Around $0.17397, which aligns with the previous consolidation area during the handle formation. Major Support: Around $0.13341, which is the low point of the cup formation. Resistance Level: The immediate resistance level is around $0.19230, which the price has just broken. Target Price: The Cup and Handle target price is calculated by measuring the depth of the cup and adding it to the breakout point. The target price is around $0.32614, representing a significant upside from the current price. Technical Indicators: 200 EMA: The 200-day Exponential Moving Average is currently at $0.16013. The price trading above this level indicates a bullish trend. Volume: The recent breakout is accompanied by an increase in volume, which adds strength to the bullish signal. Conclusion: The Cup and Handle pattern suggests a bullish continuation, with a target price of $0.32614. The price has just broken out from the handle, supported by increased volume, and is trading above the 200-day EMA. Immediate support is at $0.17397, and major support is at $0.13341. This setup indicates a potentially strong bullish movement ahead for BIGTIME/USDT. However, it's essential to keep an eye on the support levels and ensure that the breakout is sustained.
Weekly timeframe If we go above .40 big pump coming Im ready because of altseason What about you guys??
S&P 500 Technical Analysis The S&P 500 reached another All-Time High (ATH) in December, signaling a continuation of its bullish trend and the potential for further historical gains. Currently, the price is consolidating within the range of 6068 and 6022, awaiting a breakout. Overall, the bullish trend remains strong, with the next key target at 6143. However, a break below 6022 could signal a correction, with the price potentially dropping toward 5971. Key Levels: Pivot Point: 6068 Resistance Levels: 6100, 6143, 6185 Support Levels: 6022, 5971, 5932 Trend Outlook The overall trend remains bullish, supported by strong momentum and the recent achievement of new highs.
OANDA:XAUUSD formed equal lows at the support level near 2620 and is currently consolidating, moving sideways. It seems likely that the market will continue to fluctuate in anticipation of the upcoming NFP reports on Friday. However, on the daily timeframe, a candle with a long tail has formed, indicating that there was a buying pressure. If the market breaks and closes above the range zone and the trendline, it could potentially set up an ABCD move. I expect that the market will continue to move sideways for a while before breaking out above the trendline, followed by a retest at the top of the consolidation zone. My goal is resistance zone around 2660 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??