#ES! short term bearish sign. #Buy the dip. Retest of the support levels to attract more buyers and turn into Bullish trend. Watch the key levels- support 5740 , sink below this levels may push 5640 level gap up Retest 200 ma trendline support possible to fill the gap up area
The Fibonacci levels and breakout from the downtrend suggest potential capital inflow into the altcoin market. Price has broken the resistance around $1.38T. Next key levels: $1.46T (50% Fibo) and $1.55T (78.6% Fibo) Long-term target: $1.84T (161.8% Fibo) Signals: ✅ Breakout from the downtrend. ✅ Increasing volume. ✅ Moving averages support the bullish trend. Base scenario: continuation of the uptrend while holding the $1.38T support. If the price falls below this level, the setup may need reassessment. What’s your opinion on this setup? Share your thoughts below! ? Twitter ? Altcoin Market Cap Breakout! TOTAL2 just broke key resistance levels – altcoins might be attracting fresh capital. ? Key Levels: 1️⃣ Support: $1.38T 2️⃣ Targets: $1.46T and $1.55T 3️⃣ Long-term goal: $1.84T Volume spike + breakout = potential trend reversal. Watch for local corrections and manage your risk! ? ? What’s your outlook on the altcoin market? Let me know in the comments! #Crypto #Altcoins #TradingView #CryptoAnalysis #Altseason Feel free to tweak the wording to fit your style or platform requirements!
There was confusion between bulls and bears on EURAUD the previous week ,making the pair to be choppy throughout the week hence the confusion seems to be caused by the brake and retest of structure (resistance level) on weekly time frame ,meanwhile price rejected on a major /supply/liquidity zone but the previous monthly candle closed with a bull candle leaving us to wonder what could happen next. all I can see is sells, there is a great shooting star on the monthly resistance level that is still pushing-price down and I can see a break of trend and retest on a 4hr time frame .I can also see a bearish flag that completed with shooting star on the current resistance level giving a sell signs. Trade with care
We are analyzing the 2-hour time frame chart of Bitcoin, where we expect a bullish move in the price. Bitcoin will remain bullish as long as it doesn’t break below its support around the 90k level. The overall structure also remains bullish. Let’s see how it unfolds from here. Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. #BTCUSD 2H Technical Analyze Expected Move.
Recently, we’ve observed a distribution phase in EUR/USD, followed by a markdown , confirming the overall bearish trend visible on both the daily and weekly timeframes. Key Observations: Bearish Structure: On the daily timeframe, price is consistently creating supply zones and showing strong reactions to them. The market structure confirms the downtrend with the formation of lower lows and breaks to the downside. EMA Interaction: The price is currently surfing downward along the EMAs , which are acting as dynamic resistance and reinforcing the bearish momentum. Scenarios to Watch: Continuation: Price could continue its markdown, heading toward the short-term target and potentially testing the psychological level of 1.0000. Re-distribution: There’s also a possibility of a move upward, creating a re-distribution phase to accumulate enough liquidity for a stronger push below 1.0000 . Fundamental Insights: Strength of the US Economy: The US dollar remains strong due to: Higher interest rates maintained by the Federal Reserve to combat inflation, which increases the demand for USD-denominated assets. Strong labor market data , with low unemployment and rising wages supporting consumer spending. Positive GDP growth , reflecting resilience in the US economy despite global economic challenges. Weakness in the Eurozone: European economies are facing multiple headwinds, including: Energy concerns driven by geopolitical tensions, leading to higher costs for businesses and consumers. Slow economic growth as inflation continues to weigh on consumer spending. Divergence in monetary policy , with the European Central Bank (ECB) appearing more cautious about aggressive rate hikes compared to the Fed. The combination of these factors makes the USD fundamentally stronger, while the EUR struggles under the weight of economic and geopolitical challenges. My Perspective: Given the strong bearish structure, EMA surfing, and fundamental backdrop, I expect further downside momentum. However, the possibility of a re-distribution phase cannot be ruled out, especially if liquidity is needed to push below the 1.0000 level. Staying cautious and reactive to price action around key levels will be crucial.
Indicators Used: Moving Average 20 High (Red Line): This serves as a resistance level. Moving Average 20 Low (White Line): This serves as a support level. Fibonacci Retracement Levels: These are displayed and show key retracement and extension levels based on a recent price swing. Volume Bars: Shown in red and green, indicating selling (red) and buying (green) volume intensity. Price Action: The current price is around 199.88, trading slightly below the 20 High MA (Red) and above the 20 Low MA (White). This suggests consolidation between these moving averages, acting as short-term resistance and support. The price retraced after hitting a local high and is now testing the Fibonacci 0.5 and 0.618 retracement levels, which are strong zones for a potential reversal or continuation. Fibonacci Levels: 0.618 Level: The price is near this retracement level, which often acts as strong support during retracements in uptrends. Extension Levels: Levels like 1.272 and 1.618 suggest potential future price targets if the uptrend resumes. Volume Analysis: The volume bars show a mix of buying and selling pressure, with some decrease in recent activity. This could indicate indecision in the market, waiting for a breakout or breakdown. Scenarios to Watch: Bullish Scenario: If the price breaks above the 20 High MA (Red) and maintains above the 0.618 retracement, this could signal a continuation of the uptrend. Look for a retest of resistance levels around 204 (near Fibonacci 1) or higher extensions like 1.272 or 1.618. Bearish Scenario: If the price falls below the 20 Low MA (White) and breaks below the 0.618 retracement, it may test lower support levels near 194 or even 190. Sideways Scenario: The price could consolidate between the 20 High MA and 20 Low MA, with traders waiting for a breakout. Key Levels to Watch: Resistance: 200.27 (20 High MA) 204 (Fibonacci 1 level) 210-212 (Fibonacci extension levels) Support: 198.01 (20 Low MA) 194 (Historical Support Zone) 190.10 (Major Support) This chart shows a critical point where the market could decide its next direction. Pay close attention to how the price interacts with the moving averages and Fibonacci retracement levels to plan your next trade!
Back here we go shorting my fav
It is possible that NVDA is in a distribution phase, and a breach below to one of the Demand levels below may verify that. The asset is currently in a range and the price is at the bottom of the range. The past resistance 132.26$ area is now the support a breach below that may usher in bearish activity. If we are in a distribution phase hopefully the mark down will be minor. However, it is in a range, and it is in the bottom if the range there is a possibility that price may return to the 149 area the range top. Have a nice day be careful.
This is an outlook for the week of Jan 13-17th. In this video, we will analyze the following FX markets: ES \ S&P 500 NQ | NASDAQ 100 YM | Dow Jones 30 GC |Gold SiI | Silver PL | Platinum HG | Copper The indices look set to move lower this week, with the possible exception of the DOW. The metals are rallied on Friday, and may continue upward this week, despite a relatively strong USD. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
#NQ! heading to short term bearish sign, if the price sink below 20800 that will push to retest 200ma & trendline support to attract more buyers to gain momentum. #Buy the dip opportunity for Longterm. 19700-20000 levels