A demand zone in trading refers to a price area where buying interest is significantly strong, often leading to a potential reversal or continuation of an upward trend. When discussing copper demand zones, we're typically looking at key price levels where buyers are likely to step in, causing the price of copper to bounce or reverse.
Bitcoin has recently broken out of its prior range, sweeping liquidity below key levels. This setup presents a potential mean reversion opportunity, expecting price to revert back into the range. The target for this trade is around 96,785.2, aligning with the previous consolidation area. Key Levels: Entry: Current price region (~89,310) Target: 96,785.2 (Mean reversion level) Stop-Loss: 85,969.9 (Below liquidity sweep) Trade Execution: Entry Confirmation: Signs of rejection from the liquidity grab area / MSB on 2h Risk/Reward: Favorable setup with a good R:R ratio. Stop Placement: Below the liquidity sweep to prevent early invalidation. Conclusion: The market has grabbed liquidity and is now positioned for a move back into the range. If bullish momentum continues, we expect price to revert toward the 96,000 level.
There is a huge pattern on the Daily Chart to sell the HK50 index pointing to a 2000 pip drop. However we are going to take the smaller pattern on this as shown below. 1) We are approaching the strong resistance zone of 23,650 2) There is a bat pattern 3) This is counter trend, so we will wait for 2-3 hours to take this trade Will update when we take the trade.
Yello, Paradisers! Is #LINKUSDT About to Break Down, or Will Bulls Defend This Critical Support? Let's discuss the latest analysis setup of #Chainlink: ?#LINK is at a critical decision point, trapped inside a descending channel that has dictated price action for months. The question is—will it finally break out, or are we heading for another major leg down? ?#LINKUSD is testing a crucial support zone around $14.00-$14.50, a level that previously acted as resistance and has now flipped into support. Losing this area could send the price tumbling toward the next major support at $8.08 and give bears total control. ?The descending resistance line has been rejecting every bullish attempt, keeping #LINK in a downtrend. For a trend reversal, #LINK must break above $19.63, which would invalidate the bearish setup and open the doors for a strong rally toward $24-$26. ?Bullish divergence spotted on the MACD suggests that a short-term relief rally could occur. However, unless we see a confirmed breakout, any upside movement might be just a temporary bounce before further downside. Stay focused, patient, and disciplined, Paradisers? MyCryptoParadise iFeel the success?
Voice AI company ElevenLabs is now letting authors publish AI-generated audiobooks on its own Reader app, TechCrunch has learned and the company confirmed. The announcement comes days after the company partnered with Spotify for AI-narrated audiobooks. ElevenLabs, which raised a $180 million mega-round last month, started inviting authors to try out their publishing program through […] © 2024 TechCrunch. All rights reserved. For personal use only.
The studios behind the Middle-earth games and MultiVersus are no more. Warner Bros. is canceling its planned Wonder Woman game and shutting down three studios: Monolith Productions, Player First Games, and WB San Diego, according to Bloomberg reporter Jason Schreier.Schreier broke the news on Bluesky today, followed by the release of a full report on …
An unmarked task hidden in Emerald Stair is a new RPG highpoint. Warning: This article contains spoilers for Avowed’s second region, Emerald Stair. The second act of Avowed ends tragically. Fior mes Ivèrno, the town at the centre of the Emerald Stair region, burns to the ground. Its people, already pushed to the edge of starvation thanks to failed harvests, are driven …
Fighting talk. Tekken 8 has sold 3 million copies a year from release, Bandai Namco has announced.The company said it had achieved the sales milestone at a faster pace than Tekken 7, which has so far sold 12 million copies worldwide 10 years after launch.Tekken 8 had sold 2 …
"We are continuing to develop our projects at full pace." Star Wars: Eclipse developer Quantic Dream has released a statement as reports circulate that Chinese megacorp NetEase was looking to sell off its overseas gaming businesses.With mass layoffs, cancellations, and shutdowns for multiple years now, NetEase's reported withdrawal from western …
"We do these things for the best of the games and the teams." Microsoft has delayed Fable from its 2025 release window to some point in 2026, while also providing a first look at brand new gameplay.Fable is the upcoming reboot of the Xbox franchise made famous by the now defunct Lionhead Studios. It’s in the works at UK studio Playground, which …