https://www.tradingview.com/x/3iRo0yaz/ Possible bullish price action for US100. Break and Retest confirmation needed for a safer approach.
Based on the latest data, the current closing price of BTCUSDT is 102,681 USDT. The "Cup and Handle" formation is clearly observable on the weekly chart, and its confirmation is likely to be accompanied by an increase in trading volume. The expected target range is between 120,000 and 130,000 USDT, assuming historical market trends continue. Further price increases for BTCUSD are likely if the "Cup and Handle" formation plays out as expected. The coming weeks will be critical in determining whether the trend continues. Key Factors to Monitor: Weekly Closing Prices Monitor closing prices below 102,000 USDT, as these could indicate weakness. A break below 100,000 USDT could accelerate the decline. For upward momentum, breaking above the 108,500–110,000 USDT range is critical. Once surpassed, further growth toward the 120,000–130,000 USDT range can be anticipated. Volume Trends Strong volume increases during upward price movements are a positive confirmation of the formation. Weak volume during price increases may signal uncertainty. Monitor volume declines during significant price drops, as this could indicate a slowing down of the bearish momentum. Emergence of Additional Patterns on the Chart Head and Shoulders Pattern: This may signal a bearish trend if levels below the neckline break. Double Bottom or Double Top: A double bottom may indicate the start of an uptrend, whereas a double top could reverse the trend. Broadening Wedge: If a broadening wedge forms, monitor the direction of the breakout, as it will determine whether the trend continues or reverses. Flags and Wedges: These patterns often suggest trend continuation. Volume confirmation following the pattern is crucial. Disclaimer This analysis is not to be considered as investment or trading advice. Monitoring the factors outlined above can contribute to making more informed trading decisions.
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Hello my fellow traders! what do you think about Trump's Inauguration and its impact on XAUUSD. Current Price: 2703 Date: 18 January 2025 Bearish Storm Ahead. Trump's Inauguration will have negative impact on Gold and Gold will Experience huge drop. Before its drop Gold will test the position of 2712 and this position will be perfect for sell. Our Target is 2675 which is fundamentally supporting area but if market breaks this position then it go further down up to 2620. Resistance Areas are "2712" and "2727". Supporting Areas 2675 and 2666. Key Areas: Resistance Areas: 2712, 2727 Supporting Areas: 2675, 2666 Demand Zone: 2675 Kindly like, comment and follow. Mates Follow me for latest updates on XAUUSD.
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
https://www.tradingview.com/x/5YQ6AcTY/ Good afternoon fellow traders, please note that this post is not a financial advice but just my own opinion based on my own experience. I would think that there is more possible up side for US30. Always feel free to DM for more details.
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NASDAQ:DJT – ? Drama, Risks, and Valuation Woes 1/ ? NASDAQ:DJT (Trump Media & Technology Group) boasts a $7.8B market cap with just MIL:1M revenue in 2024. Speculative bubble or untapped opportunity? Let’s break it down. ?? 2/ The Numbers Don’t Lie ? Last quarter: Net loss of -$19.25M, a -17.6% decline QoQ. 2024 revenue: $1M. For comparison, NASDAQ:META earns that in minutes. But what if the narrative is just beginning? ? 3/ Hype or Genius? ?️ NASDAQ:DJT thrives on sentiment. Stock spikes align with political events like Trump transferring his stake to a trust. If sentiment drives innovation, as @elonmusk has shown with Tesla, could NASDAQ:DJT leverage its brand into real growth? ? 4/ Compared to Giants ⚖️ NASDAQ:META and NYSE:SNAP have billions in revenue to justify valuations. NASDAQ:DJT ’s negative P/E ratio isn’t great, but could its brand power offer future potential? ? 5/ Big Risks Ahead ⚠️ Political dependence: Heavily tied to Trump’s image. ?️ Speculative volatility: Pump-and-dump risks are real. ? Regulation: Crypto (TruthFi) and social media ventures face scrutiny. ? 6/ SWOT Breakdown ? Strengths: Trump’s brand guarantees visibility. ? Weaknesses: Minimal revenue, negative earnings, lofty valuation. ?️ Opportunities: Crypto adoption ? and politically charged engagement. Threats: Competition ( NASDAQ:META ) and legal risks loom. ?️ 7/ Valuation: Sky-High ? Every $1 in revenue supports $7,800 in market cap. Musk once said, "People don't buy the car; they buy the vision." Could NASDAQ:DJT ’s vision be its real value driver? ?? 8/ Drama or Disruption? ? NASDAQ:DJT thrives on emotion, but could a shift to fundamentals make it a serious player? If Musk taught us anything, it's that bold bets sometimes pay off. ? 9/ What’s Your Take? Your move. Vote and share your thoughts below. ? Buy for the brand ? Hold for the vision ?♂️ Too risky, avoid ?
Previous Trade Reflection The previous trade didn’t go as planned, and the loss serves as a reminder of the heavy impact fundamentals can have on the market. Short positions, in particular, carry significant risks, and this was no exception. Failure is always a possibility, and that’s part of the trading journey. Trump’s Memecoin Hype Donald Trump recently launched his own memecoin, and the hype surrounding it boosted Solana’s ecosystem significantly, as the memecoin operates on Solana. While this is great news for the ecosystem and technology, it unfortunately didn’t align well with my particular trading setup. Testing the Hypothesis Again Despite the challenges, I’m revisiting this trade with caution. The price has spiked significantly, which makes it highly risky, but I currently have no other trade setups on my radar. This is a test of conviction and adaptability, and while the risk is sky-high, the potential for learning—and possibly profit—makes it worth the effort. As always, proper risk management will be key here. Let’s see how this unfolds. Risk Warning: This trade is extremely high-risk. Please approach with caution and always consider your risk tolerance before entering similar setups.