#SQT The price is moving in a descending channel on the 1-hour frame and sticking to it well We have a bounce from the lower limit of the descending channel, this support is at 0.00500 We have a downtrend on the RSI indicator that is about to be broken, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.00520 First target 0.00550 Second target 0.00571 Third target 0.00600
In this video, I analyze the NAS 100 on higher timeframes, starting with a quick top-down review to explore a potential trade setup. The three-week and weekly charts indicate a bullish trend; however, as we approach the end of the year, there’s some pullback and uncertain price action. I share my insights on the current market conditions and discuss a possible trade idea. Please note, this is not financial advice.
i will go long NYSE:SNAP , like the support so itsa good r/r, keep it simpel!
Bitcoin has broken our entry on the daily timeframe, where now we are basically at the end phase for a possible market structure break to form here. We are now more confident in an upcoming move to lower zones so keep your attention at current zones where bitcoin is chilling and once we see a bigger liquidity hunt to happen, keep your eyes on 200EMA and the lower support zone that we need to re-test! Swallow Team
Greetings everybody, So, our H&S behaves well by far, but now the degree of uncertainty is raising. As you could see on the chart downside action is slowing. What is it? Thin Xmas market or the bearish pressure is becoming weaker? Long-term charts - monthly, weekly show that deeper retracement has high chances to happen in nearest 1-2 months. The problem is, it is difficult to estimate what particular pattern will trigger it. If market will keep going lower - it could be our H&S. But what if we will get the different one instead? Something like this on daily: https://www.tradingview.com/x/ur3Y0Y3T/ That's why, if you have shorts - you could keep it, just manage your stops. But for now we take the pause with the new shorts. We do not consider longs as well, because the major context is down. Hopefully after NY we will get more clarity on this subject.
The Solana-based memecoin $ELONIA has experienced a remarkable surge of 310% over the past ten days, despite trading amidst low volume. The coin, themed around the playful meta of Elon Musk and the Just elected U.S. President Donald Trump, has captivated the crypto community with its humorous and creative premise. The Origin of $ELONIA $ELONIA, inspired by a fictional relationship between Elon Musk and Donald Trump, has gained traction as a pure meme token. The community-driven project leverages AI-generated content depicting Musk as Trump’s wife, creating a unique and amusing narrative. With a Telegram community boasting over 100,000 members, the project’s growth highlights the power of memes and grassroots engagement in the crypto space. Community Momentum The $ELONIA community has shown dedication, working tirelessly to bring their meta to life. Their efforts, combined with creative content and an active online presence, have fueled the token’s popularity. This vibrant ecosystem exemplifies the role of community in driving adoption and maintaining momentum for meme-based cryptocurrencies. Trading and Market Activity Where to Buy $ELONIA: The token is traded on decentralized exchanges, with Raydium being the most active platform. The ELONIA/SOL pair has recorded a 24-hour trading volume of $15,373.14. - Trading Volume: Recent market activity shows a -40.60% decrease in trading volume, signaling a temporary decline. - Market Cap: $ELONIA’s market cap stands at $9,892,449, ranking it #1793 on CoinGecko. With 68 billion tokens in circulation, its fully diluted valuation (FDV) matches the market cap. - All-Time High/Low: The token’s all-time high of $0.0001694 was recorded on December 5, 2024, while the all-time low of $0.00003451 occurred on December 19, 2024. Its current price is 14.59% below the ATH but 319.32% above the ATL. Technical Outlook $ELONIA is currently trading within a rising trend pattern, reflecting bullish momentum. However, caution is advised as the Relative Strength Index (RSI) is overbought at 81, suggesting a potential pullback. Support Levels: - Minor support: 38.2% Fibonacci retracement level. - Major support: 61.8% Fibonacci retracement level, likely viewed as a key buy zone for traders. With a market cap under $50 million, $ELONIA remains in its early stages, offering significant growth potential for early adopters. The $ELONIA project’s foundation lies in its community and humor, which have propelled it into the spotlight. By leveraging Solana’s scalable blockchain, $ELONIA benefits from low transaction fees and fast processing times, making it an attractive choice for meme enthusiasts and traders alike. Performance Comparison In the last seven days, $ELONIA has outperformed the global cryptocurrency market and its meme token peers: - $ELONIA: +129.60% - Global Market: -1.60% - Meme Tokens: +3.90% Conclusion $ELONIA’s explosive growth and unique narrative underscore the evolving dynamics of the crypto market. While its overbought RSI suggests a potential short-term correction, the token’s strong community and innovative concept position it for continued success. Traders and enthusiasts should watch for key support levels as potential entry points, as $ELONIA’s journey is far from over.
Looking at the chart for Eversendai Corporation Berhad, here's my analysis: Current Price Action: - Trading at RM0.655, up 8.26% - Currently showing strong momentum with recent breakout - Price above all major moving averages Technical Analysis: 1. Moving Averages: - Three moving averages showing bullish alignment - Price recently crossed above all MAs - MAs beginning to slope upward, indicating trend change 2. Volume Analysis: - Recent increase in volume supporting the price rise - Green volume bars indicating buying pressure - Money flow indicator showing positive momentum Key Price Levels: - Support around RM0.50 (previous resistance turned support) - Immediate support at moving averages around RM0.55 - Resistance level around RM0.70 (previous high) Notable Events: - December 2023: MYR132.709M (+638.74%) - September 2024: MYR297.855M (+25.32%) - Strong recovery from March-April 2024 lows Trading Considerations: - Breakout above resistance with volume confirmation - Stop loss could be placed below MA support at RM0.55 - Momentum indicators suggesting continued upward movement Risk Factors: - Stock is relatively volatile based on historical price action - Need to watch volume for continuation of breakout - Previous resistance levels may act as temporary hurdles
GBP/JPY is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 197.87 which is an overlap support. Stop loss is at 197.09 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 198.81 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
#DOGS The price is moving in a descending channel on the 1-hour frame and sticking to it well We have a bounce from the lower limit of the descending channel, this support is at 0.0005120 We have a downtrend on the RSI indicator that is about to break, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.0005350 First target 0.0005561 Second target 0.0005742 Third target 0.0006000
Looking at the chart for Southern Cable Group Berhad, here's my analysis: Current Price Action: - Trading at RM1.24, up 5.98% - Strong uptrend in place since October 2023 - Price is currently above all major moving averages, indicating bullish momentum Technical Structure: 1. Moving Averages: - Price trading above both short and long-term moving averages - Moving averages are in bullish alignment (shorter above longer) - Acting as dynamic support during pullbacks 2. Volume Analysis: - Recent volume increase supporting the price rise - Volume pattern shows healthy accumulation - Bottom indicator suggests positive money flow 3. Key Levels: - Support around RM1.10 (recent consolidation area) - Previous resistance around RM1.00 now acting as support - Current breakout level at RM1.20 becoming new support Notable Events: - Significant drop in June 2024 (MYR-18.287M, -183.18%) - Recovery from September 2024 with strong momentum - Current price action showing highest levels in the chart's timeframe Outlook: - Overall trend is strongly bullish - Price structure showing higher highs and higher lows - Momentum indicators suggesting continued strength Trading Considerations: - Buy zones near moving average supports - Risk management stop loss below RM1.10 - Trend following strategy appears optimal given current structure