OANDA:USDCHF is currently approaching a key support level that has acted as a strong base for upward price movement. Recent price behavior suggests this level could once again turn into a significant demand zone. If we see confirmation of bullish sentiment—such as increased buying activity or reversal candlestick patterns—there’s potential for the price to go towards 0.90810, aligning with the current trend. If the support is broken, it may point to a reversal in momentum, potentially leading to further declines. I am prepared for potential volatility to adjust the risk management accordingly.
MARKETSCOM:RIPPLE ( CRYPTOCAP:XRP ) spiked in Q4 of '24, as per my predictions and tracking. I managed to ride the #Bullish #Wave, but only half way. Even though knew it was gonna' create a new #ATH, I got paper hands and cashed in at the 1.5 USD Mark. That's because I was expecting back then a bigger #Correction, which was short-lived. https://www.tradingview.com/x/XPjOHCPv/ I was left holding the bag... anyway I'm OK with it, CRYPTOCAP:BTC & CRYPTOCAP:SOL did well. BITSTAMP:XRPUSD at #ATH, What's Next? A last push in the 5th of 5th Wave, to finalize the #Impulse. This is because MARKETSCOM:BITCOIN is also #Bullish. BINANCE:XRPUSDT - #TechnicalAnalysis - #ElliottWave #Impulse in Intermediate (C) (white) - 5th Wave Completion - #ATH #Break-Out - Nov '17 / Jan '18 Fractal https://www.tradingview.com/x/enPlnPBJ/ My MARKETSCOM:RIPPLE #Long Levels - Entry @ 3 USD - SL @ 2.3 USD - TP @ 5 USD (it can go higher) What About After This? Honestly, I am not keen on CRYPTOCAP:XRP that much, even though the Media Sentiment is off the hook. Why? Because it simply does not have a #Bullish / #Impulsive Structure. It's full of #Corrective features, which makes it a Larger Degree B Wave. Conclusion: A considerable #Retracement right after, similar to the one in '18. This could be because Bitcoin Dominance ( CRYPTOCAP:BTC.D ) would correct, while #Altcoins Market Cap ( CRYPTOCAP:TOTAL3 ) will also spike above its #ATH.
The ATHEX Composite Index recently broke above its 200-day moving average (DMA), currently around the 1,520-point level, signaling a potential shift in market sentiment. This is a critical technical milestone, as the 200 DMA is widely regarded as a key indicator of long-term trend direction. Key Technical Observations: 200-Day Moving Average Breakout After weeks of consolidation, the index has successfully closed above the 200 DMA, a move often interpreted as the beginning of a bullish phase. Sustaining this level will be critical in confirming the breakout. Resistance Levels The immediate resistance zone lies near 1,540–1,560 points, where previous attempts to rally have been rejected. A decisive close above this zone could pave the way for further upside. Support Levels If the breakout fails, the 200 DMA (1,520) will act as the first line of defense, followed by the psychological level of 1,500 points. Momentum Indicators The RSI is trending upwards but hasn’t yet entered overbought territory, suggesting room for further gains. MACD has also turned positive, reinforcing the bullish momentum. Volume Analysis A slight uptick in volume accompanied the recent move above the 200 DMA. If volume continues to increase, it will provide additional confirmation of a breakout. Outlook: A successful breakout above 1,560 points could open the door for the index to retest 1,600+ levels, aligning with the next major resistance area. On the flip side, a failure to hold the 200 DMA could signal a return to the prior range-bound trading. Conclusion: The ATHEX Composite Index appears poised for a potential breakout, with bullish momentum gaining traction. However, traders should watch closely for confirmation above 1,560 points before committing to long positions. Are we in the early stages of a sustained uptrend, or is this a false breakout? If things repeat as in 2023 things will be going great for the Greek stock market. #ATHEX #TechnicalAnalysis #StockMarket #Greece
We’ve been patiently waiting for an entry at $58, but the market hasn’t reached our level. After reassessing the chart, we believe it’s now more profitable to play CL1! as a long following what appears to have been a fake breakout. Recent developments, including Trump’s declaration of a national energy emergency to “unlock the liquid gold under our feet” and prioritize U.S. oil and gas development, could bolster bullish sentiment in the energy sector. If our wave count is correct, we are currently in intra wave 2 of wave ((iii)). If this setup holds, a target of at least $115 seems achievable. We are placing our limit order and will patiently wait to get filled. Key Levels at the moment: Support Zone: $67.70–$64.40 Resistance Zone: $85–$88
It is ETH's turn to outperform the rest of the market! We will explode past $5,000 to the $7,500 level. Could it top around $11,500? Or the next Fibonacci level at $15,500
Hello Traders In This Chart AUDCAD HOURLY Forex Forecast By FOREX PLANET today AUDCAD analysis ? ?This Chart includes_ (AUDCAD market update) ?What is The Next Opportunity onAUDCAD Market ?how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Intraday Update: The EURUSD has broken higher following the stronger (overall) PMI's out of EU today, supported by the tariff comments in Asian trade as well. The 127% extension at 1.0535 is the near term target while above the 1.0460 breakout point.
Injective Protocol (INJ) is trading at a key confluence zone, supported by the resistance-turned-support area and a rising trendline. A breakout above the red resistance line could spark a strong bullish rally. As long as the price holds above the support, the trend remains bullish.
Hi guys , we are looking into GOLD (XAU/USD). We have reached back to the ATH levels around 2,800 area. Currently on 1H and 4H the price is moving quite high in the RSI Indicator , reaching very overbought levels. Currently with President Donald Trump sitting on the chair in the White house we are seeing quite a lot of fundamentals which are reflecting over gold. This is why my entry would be build up as following: Entry: Pending order - Sell Stop @ 2,790 with following targets TP1: 2,760 TP2: 2,720 TP3: 2,690 Your stop loss can be based on your risk management strategy, but I would open it without and monitor the trade so I can follow up if the price continues above ATH and we have an Ascending Bull run, I would close and re-visit the strategy. Tell me in the comments what are your thoughts about this set-up and your overall analysis on Gold (XAU/USD)
4H: Swing & Int Bullish Expecting PB M15: Swing & Int Bullish. Buys: Phase A. Pro Swing+Pro Counter -Not HP -Need to wait for LQ to build below impulsive move -No 4H zone to target -Can follow M15 continuation, If LQ is taken out -Target Swing High M15 -Better take traders after EQ mitigation touch Sells Phase D. Counter Swing + Counter Internal -Agressive -Playing Internal Pullback -Sell after M15 CH -After strong Liquidation Note: For Education purpose only https://www.tradingview.com/x/qgIVmZai/