Entry Zone: The market has recently experienced a sharp rise, reaching a key resistance area at approximately 145$ This level coincides with the 61.8% Fibonacci retracement level, making it a potential reversal zone. The price is now pulling back, indicating a possible opportunity for a short entry around this area. Target: Targeting the key high 175 Stop Loss: Place a stop loss below 38$ ish Trade Rationale: After a strong rally breakount of the accumulation range the market has begun to show signs of strength. This 61.8% Fibonacci retracement is a perfect setup for continuation.
Following MSTX's descent to $60, technical indicators are painting a picture that screams opportunity. Daily Chart: https://www.tradingview.com/x/Pb4Z5NOt/ Weekly Chart: https://www.tradingview.com/x/CL3XwaBh/ The CM_Ult_MaCD has bottomed out completely, and if you've traded long enough, you know what that means - upward momentum is coming, and it's coming fast. The setup is textbook perfect. We're seeing the Stochastic oscillator flirting with oversold territory, and anyone who's been in this game knows that's when you want to position yourself. It's not just about timing - it's about recognizing the patterns that repeat themselves. What's really getting my attention is the SQZMOM_LB indicator. Those VIX spikes we're seeing aren't random noise - they're telling us a squeeze is brewing. When this pressure cooker blows, we could see rapid upside movement that'll catch the shorts off guard. Speaking of shorts, they've shown their hand at the $60 VWAP level. Both daily and weekly charts confirm this sweet spot, and I'm seeing all the signs of a short sweep setting up. This is exactly the kind of technical confluence that precedes significant moves. I'm anticipating MSTX to first reclaim the $100 level, with potential to test previous highs around $175-200. The short squeeze, when it triggers, could accelerate this movement significantly. Smart money will be watching these levels closely. The key here is patience. Let the technicals confirm what we're seeing. When that squeeze triggers - and it will - you'll want to be positioned ahead of the crowd. Stay tuned for updates as this play develops.
We will see a deeper correction. The price increase is temporary and is an opportunity to exit the loss! Do not buy at all. Valid supports are seen at 1.457, 1.257 and 1.070 below the bearish candle. This is not a good time to enter the market.
HUGE ? vertical $5 to $12 right after our Buy Alert reaching 350% total on the day! NASDAQ:NVNI This one for sure surprised and liquidated some of shortsellers ?
A liq trap is possible with daily wick under the line. Weekly trend is still bearish but we can start thinking positive. Even with a target of around 2018 highs. I am an amateur trader. I sometimes enter into trades. Other times it is only an analysis. Trade with your own risk awareness.
Timeframe: 4H Entry Zone: The market has traded below a key low (marked in the 4H chart) around 0.05420. After a significant downward movement, price has shown signs of consolidation and potential reversal, signaling an opportunity for a long entry near this support area. Target: Targeting a significant level at 0.0680 on the 8H chart, where we expect the price to face resistance (highlighted with a blue box). This provides a risk-to-reward ratio of approximately 2,3 to 1 Stop Loss: Place a stop loss just below the recent low at 0.0430 (or slightly below this area to allow for minor fluctuations). Trade Rationale: Price has shown significant bullish momentum after the key low, and there is strong support at 0.03218. We are looking to capitalize on the potential bullish breakout, with a high-probability reversal setup based on the current market structure.
GGGL has started a bullish trend as price has broke a consolidation box and now making Higher HIghs and Higher lows,so take a long entry at CMP
Huge buyings took place today, but on bigger timeframes it looks like just a retest of the rising wedge. There are also hidden bear divergences on 1-4 tf on US500, US100 and US30. I guess we will see continuation of the correction to 5730-5650 area next week. The idea will be invalidated if the price returns into the rising wedge (crosses the purple trendline).
Everyone kicking themselves for not taking profits on Alts because they’re almost back to where they were before this whole run up when Trump won ? Today, Alts dumped to just 10% above their ₿itcoin pairs. Lesson Here: If you're gonna trade Alts, make sure to continuously take profits back into CRYPTOCAP:BTC Good News: the market looks to be bidding Alts > BTC rn on this dip, signaling Alt Season around the corner ? Notice RSI, Ascending Volume and Bullish Hammer ?
The week has been bullish leading up to FOMC, which had further propelled price up. However, Friday has presented a retracement. Waiting for price to reach price level 155.000 and start looking for long setups. This idea is based off of daily and 4H timeframe bullish structure and Order Block concepts.