the demand ascending trendline held price actively and buyer moved from 2747 to 2758 to close the daily candle.upswing will continue into 2770-2773 and retest of 2784.5 with 2819-2820 on the line but at first price will test 2811 2808
AUD news to be catalyst Based on my own research AUD to outperform today, vs many currencies, particularly eur, gbp, usd mean reversion trade. potential for reversal if news printed great Look for breakdown closure or a failed wick high
https://www.tradingview.com/x/RQPOGI6n/ Need to watch for the breakout from the handle. BTC.
Forget earnings, if you wanted to gamble today NASDAQ:DGNX was your stock with 250% vertical today Not these 3% movers NASDAQ:META NASDAQ:TSLA NASDAQ:NVDA NASDAQ:MSFT ? Small float + FOMO (Fear Of Missing Out) + market orders and you get tripled stock. Not many people even heard about it but NASDAQ:DGNX was the wildest move in the entire stock market today.
impressionante o esforço dela em não perder valor real.
DOGE might be preparing for another massive run, still a continuation of the previous breakout until a new ATH and beyond, consolidating mid way in another bullish pattern on daily. DOGE is not a leader in ALT cycle (ETH is) but is always runs massively and it hints very well where is the bottom and top on that cycle. Even in the mid cycle DOGE can be a life changing opportunity. Don't be greedy, pigs get fed and hogs get slaughtered. - No financial advise.
Lockheed Martin made some pretty impressive planes over the decades... But what got my attention is the failing momentum, as price refuses to outpace its moving average as it once did. That is a setup for eventual failure!
Previous Observations: Long-term Downtrend: Confirmed downtrend from mid-2021. Major Support Breach: Below 1.2000 in late 2022. Recent Recovery Attempt: Above 1.2400, buying pressure still evident. Key Resistance Zones (1h): Current level @ 1.2450 Key Resistance Zones (4h): 1.2500-1.2600. Key Support Zones (Weekly): 1.2000 and 1.1800 - There's room to keep pushing lower. Potential Buying Climax (Daily, 4h, 1h): Steepness of recent rise hints at possible pullback. Additional Bearish Confirmations for Potential Shorts : - Price tested and bounced off the 200 EMA several times in Dec 2024 (4h). - The pair is currently hovering around the 50% retracement level of the recent short-term decline, a common area for price reversals. - Bearish divergence confirmations have already presented this week on the hourly time frame. This is a tell-tale sign of institutional orders being filled at specific levels and generation of further supply. (This may be the conclusion of a 'PHASE C' in a redistribution cycle). - The dollar shows no signs of weakening against the GBP both in technicals as well as fundamentals (Recent data shows the U.S. economy added 256,000 jobs in December, surpassing forecasts and reinforcing a strong dollar narrative). Conclusions: Considering that we see a trendline breakout followed by strong bearish reactions which are ideally happening at HTF supply levels, we can assume that the fractal nature of the markets will play out accordingly. We should not ignore the fact that price has reacted from LTF demand or that we saw a recent bullish imbalance filled- entering shorts off the current supply level should only be done with sufficient confirmations (we may have to look at how the London session open influences price action). Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Trading involves significant risk, and it's essential to conduct your own thorough research and analysis before making any investment decisions. Past performance is not indicative of future results. Always use appropriate risk management techniques and trade responsibly.
NYSE:BBU The stock is currently trading at $21.55, just above a key support level formed by the lower boundary of an ascending parallel channel. This channel has been intact since the lows of October 2023, and the current price is testing this critical level. Head and Shoulders Pattern Formation A head and shoulders pattern is developing, suggesting a potential reversal. This classic pattern typically signals a shift from an uptrend to a downtrend. Neckline Support: The fractal support at $21.12 is key. A breakdown below this level would confirm the pattern. Pattern Structure: The head and shoulders pattern consists of a higher peak (head) between two smaller peaks (shoulders). The breakdown occurs when the price falls below the neckline. Bearish Breakdown and Price Target Key Support Level: $21.12 (fractals support). Breakdown Target: A breakdown below $21.12 would confirm the head and shoulders pattern and trigger a move lower. The target for this pattern is approximately $16.92, which represents a 19% decline from the neckline. Trading Strategy Watch for Breakdown: Pay close attention to the $21.12 level. A break below it will confirm the bearish pattern. Set Stop-Loss: A stop-loss above the $21.12 fractal support will help manage risk. Bearish Trade: If the pattern validates, look for a potential short position with a target at $16.92. The stock is at a critical point. A breakdown below $21.12 will confirm the head and shoulders pattern, opening the path for a possible move to $16.92. Keep an eye on the fractal support for a potential bearish trade setup.
HBAR is currently in a bullish channel/bullish triangle pattern. Looking for a push to the 141.00 fib level for the first target.