The valid daily short countertrend has reached the weekly breakout, deep into the corrective space. With H4 turning long, the market enters in the correction of the correction. The next phases of the long trend continuation are on the chart. ——— We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds. Stay grounded, stay present. ??♂️ Your comments and support are appreciated! ??
The $PNUT Peanut the Squirrel token did a whooping 70% correction It even broke GP. Thanks to BTC it had a role to play in this too. But huge support held PNUT at $59 - $0.61 . A clear and obvious Double Bottom has appeared in the chart . This is a bullish signal , which means PNUT is ready to go back up. I am holding from $0.61. The blue-line support-turned-resistance line needs to be broken. See target and resistance levels expected on the chart. Goodluck. BTC is again crucial for this momentum to continue . Correct me if i'm wrong. Like if you disagree. Comment if you agree ?
We are still feeling pretty bullish. Trade active. Let's pump it ???????? * NOT financial advice* FOLLOW for more ?
LPX has been in a very pronounced trend for a little over a year. I dont consider or range trades unless there have been at least 4 clean and easily identifiable "touches" on both ends of the trade. If they arent clean, they dont count although "close" can be counted as identified in the chart posting. I do not like the spike in volume with the mini-candle from Friday. I like 3 days of sideways, low volume trading. However, this will get a look for potential entry. I have been on hiatus for awhile but had I been in the market, I would have taken a trade on the "5th" lower touch of this chart and closed it on the intersection of the upper trend line. It fit my rules for this setup. Anyway, the current trade would be triggered on a break above $105.30. The stop would be below the previous trend low ($96.90). Initial target is on the trend line intersection in the range of $125 - 128. Ideally, this should span 14-21 periods (3-4 weeks) to keep with the pattern. NOTE -- The overall market conditions are sketchy. Keep tabs on the common indexes to ensure they are in concert with each other and in the direction you are looking to trade (long vs short). Right now, they are showing short term corrections so be wary.
The price has recently broken the descending triangle, which means it could drop a bit further to the support zone and then rise. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.? _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and ?Follow?! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FX:XAUUSD after breaking through the support and updating the local minimum is returning to the area of 2620-2625, fueling the hopes of the bulls for possible growth. But, the medium-term picture for gold is not stable. Let's understand https://www.tradingview.com/x/xkeFvvfw/ The strong dollar, which soared to local highs is a threat to gold going forward, as the Fed's hints of halting the rate cut course and adopting a hawkish stance on monetary policy has affected the market quite aggressively. There are 2 rate cuts pledged for 2025. Not to forget Trump's policies in general - the impact on rising inflation.... There are two interesting charts online that should not be overlooked: https://www.tradingview.com/x/5490fvTc/ Statistics play an important role in shaping prices, but it is worthwhile to base this on actual fundamental and technical data. You should not use these statistical charts as primary data, but you can take them into account. We will analyze the dollar in terms of cycles and possible reversal in the second half of January and further as Trump acts.... As for gold, technically, in the short and medium term, I expect the decline to continue for the following reasons: - the bearish structure is confirmed - a localized retest of the zone of interest and imbalance is forming before a further fall. - The bearish trend has not broken within the framework of the December 10-13 movement. - price updates local lows We continue to follow the zones: 2631-2636 and 2650 Regards R. Linda!
$CGPT/USDT #CGPT/USDT Macro we have a Higher Low? Looking for the Key Zone to be broken and pump above single digit? ?1 - 0.63460$ ?1.618 - 0.09215$ ?2.618 - 1.49815$
EUR/USD 30-Minute Chart Analysis The EUR/USD pair is currently trading within a well-defined upward channel, showing bullish momentum. It recently moved from the support level around 1.0330 to test resistance at approximately 1.0457, with the current price around 1.0429. Key levels to watch include: Resistance: Immediate resistance at 1.0457 and potential higher resistance near 1.0475. Support: Initial support at approximately 1.0384 and stronger support near the previous low at 1.0330. Traders should watch for potential reversal signals from RSI and MACD, as well as volume trends that can confirm market sentiment. Overall, the pair presents opportunities for both long and short positions depending on price action dynamics. Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies. Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
The dollar headed for its best weekly performance in a month on Friday, as investors priced in the possibility of the Federal Reserve cutting rates more slowly next year, while sterling fell after a surprise contraction in UK economic activity. The U.S. currency held firm against the euro and Swiss franc following rate cuts by those central banks a day earlier, and rose against the yen after reports that the Bank of Japan could forgo a rate hike at its meeting next week. The dollar index, which measures the currency against six others, was flat at 106.94, but still set for a weekly gain of nearly 1%, its biggest in a month.
NAS100USD Based on Technical Analysis The NAS100USD chart shows a rejection from the resistance zone at 21,850, followed by a sharp sell-off, signaling a potential continuation of the downtrend. Price has broken below a key support level (now resistance at 21,460), indicating bearish momentum. A short entry is viable below 21,350, with TP1 at 20,800 and TP2 at 20,315, as indicated on the chart. Fundamental factors such as rising interest rate concerns or economic slowdown fears may further support this bearish scenario. Ensure to place a stop loss above the recent resistance level to manage risk effectively. Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies. Please do not forget the like button, Share it with your friends,thanks, and Trade safe.