? Key Support & Resistance Levels: ? 0.618 Fib – Major Support Level ? 0.5 Fib – Primary Support Entry ?️♂️ Market Structure & Technical Outlook: The monthly candle has formed a bearish engulfing pattern, rejecting the high at $3.40. This signals that the market has likely found a local top, increasing the probability of a retracement before further downside movement toward the $1.40 liquidity zone. As we approach the monthly close, a close below the 0.382 Fib level would confirm further downside after a potential retest. ? Market Bias: ✅ Bearish until the gap between 0.5 and 0.618 Fib is filled. ✅ Any short-term pumps are likely bull traps rather than trend reversals. ? Trading Strategy & Risk Management: ? Short-term: Trade range flips, avoid heavy long positions. ? Spot Swing Entries: Wait for breakdown levels in the $1.50 range before considering a buy. ? If in a spot trade: Consider selling at resistance and re-entering lower. ? Short Setup: Low leverage (1.5x-2x) with a wide stop-loss. Target lower Fib levels (0.618 - 0.5) for entries. ⚠️ Key Levels to Watch for Daily Close: ? Below $2.21 → Confirms bearish continuation. ? Above $2.21 → Possible retrace to $2.60, but likely a liquidity grab before further downside. ? Conclusion: I remain bearish on XRP and prefer short setups over long positions for the next two weeks. The focus remains on lower targets before considering any major long entries. ? What’s your view? Comment below! ?
Elliott Wave Theory is a powerful tool for predicting market movements by analyzing repetitive price patterns driven by investor psychology. The theory divides market trends into five impulsive waves (1-5) and three corrective waves (A-B-C). Let's break it down: ? Impulse Waves (1-5) Wave 1: The start of the trend, usually fueled by early investors. Wave 2: A corrective pullback as traders take profit. Wave 3: The strongest wave, fueled by momentum and broad market participation. Wave 4: Another pullback, but shallower than Wave 2. Wave 5: The final move up, often driven by FOMO before a correction begins. ? Corrective Waves (A-B-C) Wave A: The first decline as early traders exit positions. Wave B: A short-lived recovery as some traders think the trend will continue. Wave C: The final bearish wave, often deeper than Wave A, marking the end of the correction. Three Key Principles of Elliott Wave Theory ✔️ Wave 3 is never the shortest impulse wave. ✔️ Wave 2 never retraces past the start of Wave 1. ✔️ Wave 4 never overlaps with Wave 1. How to Use It? Traders use Elliott Waves to identify entry and exit points, confirming trends with indicators like Fibonacci retracements and RSI.
Local signs of a price reversal are forming on the TAO coin , which opens up new opportunities for finding good long entry points. I'm waiting for confirmation of the POI block with the subsequent reaction of purchases. If the variables are positive, I will open a Long position with the following targets: $342.50 $360.00 $392.30 Risk management - 1% on stop order
CADCHF has formed double bottom divergence. Entry is at the breakout of LH. If price crosses LH, buyers will be in control.
https://www.tradingview.com/x/in4xTIkb The chart speaks on its own behalf, when it gets to the top yellow line, you sell it. Follow me for more recipes
My option about us100 Is more bullish so that zone is good and strong support,if the price comes to that zone it can pullback
I AM IMPLYING THAT THE MARKETS WILL RALLY VERY HARD. The Impact of Tariffs and Monetary Policy on VOO and the U.S. Economy The Vanguard S&P 500 ETF (VOO) has been experiencing significant growth, mirroring the strength of the U.S. economy and the shifting landscape of global finance16. This upward trajectory can be attributed to several interconnected factors, including changes in monetary policy, the implementation of tariffs, and their effects on liquidity and investment patterns. Central Bank Policies and the Carry Trade Recent adjustments in interest rates by central banks worldwide have been made to align with the United States' monetary stance24. These changes have implications for the carry trade, where investors borrow in low-interest-rate currencies to invest in higher-yielding assets. The recalibration of interest rates globally could be contributing to increased capital flows into U.S. equities, benefiting funds like VOO. Tariffs and Domestic Liquidity The implementation of tariffs by the Trump administration, while controversial, may have unexpected positive effects on U.S. liquidity. Unlike the issuance of Treasury bills, which requires interest payments to foreign buyers, tariff revenues remain within the U.S. economy. This retention of capital can lead to increased domestic liquidity, potentially boosting equity values through direct investment or improved lending conditions for companies1. The Money Multiplier Effect Tariff revenues deposited in U.S. banks can trigger a significant money multiplier effect. Through fractional reserve banking, each dollar of tariff revenue could theoretically expand into much larger amounts of credit availability. This process, known as reflation, can stimulate economic activity without necessarily causing inflation5. Shift from Treasuries to Equities The influx of tariff revenue may reduce the government's reliance on Treasury bill issuance for funding. This shift could lead to a reorientation of investment patterns, with both domestic and foreign investors potentially increasing their allocation to U.S. equities. For countries seeking to anchor their currencies to dollar-denominated assets, U.S. equities may become an increasingly attractive alternative to Treasuries3. Global Implications The changing dynamics of U.S. fiscal and monetary policies have far-reaching effects on global markets. Smaller economies, in particular, may find themselves needing to adjust their currency management strategies, potentially leading to increased investment in U.S. equities as a means of stabilizing their own currencies2. Inflation Considerations It's important to note that while the stock market, including VOO, has seen significant nominal gains, the real value of these gains must be considered in light of inflation. With prices having roughly doubled, the purchasing power of investment returns has been affected, underscoring the importance of robust equity performance5. In conclusion, the current rally in VOO and the broader U.S. equity market can be seen as a result of complex interplay between monetary policy, fiscal measures such as tariffs, and global economic dynamics. As these factors continue to evolve, they are likely to shape the trajectory of U.S. equities and the global financial landscape in the coming years.
Inverse Head and Shoulders pattern has formed on the Popcat chart. The bullish movement to the resistance level at $0.38 is expected to happen
check the 1 hour then 30 minute then 15 minute and then 5 minute, go down to 2 minutes and finally 1 minute to confirm any moments. check the volume and use bollinger bands with 20 deviation, 2 stepback and boom you will see alot
Very strong support at 0.6 and ready to fly to target 1.2