Analysis: To start this analysis off lets make it clear, XRP WILL long term reach $1000+, I am extremely confident that the use case and real world utility outweigh how undervalued the currency right now. Following on from yesterdays analysis. We could be seeing some consolidation within this zone which I have marked. Firstly taking a deeper look into internal structure, We can see that price appears to be creating HL and HH which indicate a iBOS and also potentially iCHoCH. The confluences I'm looking for next would be a HL once again, followed by a HH. However taking into account the overall short term trend, we are bearish as this is just a correction for price and If it was to come down to the M30 Swing low or even better the Supply zone I've marked I will be looking to add more long positions at this level. To consider: INTERNAL Break of Structure If price creates LL below M30 Low If price creates HL internal structure FOMO and Paper hands
"XRP is dangerously overbought, heavily influenced by dark pool manipulation and volume thresholds orchestrated by whales. These hidden forces have created a mismatch in volume, artificially driving XRP’s price higher and luring retail investors into the rally. However, a significant divergence is on the horizon, signaling a potential sharp correction. While it’s uncertain how low prices may drop, my analysis suggests possible support levels at $1.90 and $1.64—but the fall could extend even further. This is a critical moment for traders to stay cautious and vigilant as market dynamics unfold."
This is a great setup forming. We have a trend going for a few hours now into some major key zones. The downside is that we might have too much retail on the right side and it's Friday so ill keep it safe.
VET Previous Analyzes https://www.tradingview.com/chart/VETUSDT.P/FxnXTjVJ-The-Sleeping-Giant-Awakens/ Now I think another opportunity is coming. 1. Importance of the Red Box Resistance Key Level Confirmation: If this resistance is broken with strong momentum and volume, it likely signals that VET has overcome a critical supply zone. This often serves as a launchpad for further upside. Psychological Shift: Breaking a notable resistance can attract new buyers and trigger short covering, accelerating upward movement. 2. Entry Point and Positioning Previous Recommendation at $0.045: Your call around $0.045 was a solid entry point in hindsight. Those who followed it are now in a position of strength. Re-Entry Strategy: For those looking to "upload" again, targeting a pullback to support zones post-breakout (if the red box is cleared) can be an effective strategy. Use Fibonacci retracement levels or prior consolidation zones for precision. 3. Bullish Scenario Validation Volume Confirmation: A breakout above the red box should be accompanied by significant volume to confirm the move isn't a false breakout. Macro Factors for VET: Consider VeChain's fundamentals, such as partnerships, enterprise adoption, and developments in blockchain supply chain solutions. Positive news can fuel the rally further. 4. Long-Term Vision for VET Next Resistance Levels: Identify key targets for profit-taking or psychological resistance zones (e.g., $0.10). Spot Holdings Strategy: For long-term holders, accumulating in green zones while focusing on the macro bullish narrative of VET is a sound approach. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis ? DOGEUSDT.P: Next Move ? RENDERUSDT.P: Opportunity of the Month ? ETHUSDT.P: Where to Retrace ? BNBUSDT.P: Potential Surge ? BTC Dominance: Reaction Zone ? WAVESUSDT.P: Demand Zone Potential ? UNIUSDT.P: Long-Term Trade ? XRPUSDT.P: Entry Zones ? LINKUSDT.P: Follow The River ? BTCUSDT.P: Two Key Demand Zones ? POLUSDT: Bullish Momentum ? PENDLEUSDT: Where Opportunity Meets Precision ? BTCUSDT.P: Liquidation of Highly Leveraged Longs ? SOLUSDT.P: SOL's Dip - Your Opportunity ? 1000PEPEUSDT.P: Prime Bounce Zone Unlocked ? ETHUSDT.P: Set to Explode - Don't Miss This Game Changer ? IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
Currently USDCHF has formed a reversal pattern "head and shoulders" and the neckline broken, i will love to see price retest and continue on the downward trend.
reclaimed key range where it broke down from as long as we stay above it we head on up .simples rsi in bullish territory
DEGENUSD Daily Chart Analysis • Coin Release: DEGENUSD was released on Coinbase in mid-October 2024. • Pattern Formation: From its release through November 10th, the price formed an Inverse Head and Shoulders pattern. • Breakout: On November 12th, the price broke through the neckline, rallying over 230% before pulling back. • Support: The price has since found support at 0.017360, aligning with the 20-day moving average, which is providing additional support. • Momentum: The MACD is currently below its signal line but remains in bullish territory. The contracting histogram indicates potential for the MACD to cross back above its signal, suggesting a resumption of bullish momentum. Trade Setup (Long): • Entry: 0.019207 • Stop Loss: 0.015634 (-18.60%) • Initial Target: 0.051171 (+166.42%, 8.95 RR ratio) The bullish chart pattern, combined with the MACD setup and strong support levels, indicates a high-probability trade with significant upside potential.
Sky, previously known as MakerDAO, is under fire for using an externally owned account (EOA) to manage $756 million in USD Coin (USDC) reserves within its lite peg stability module (PSM).
Meta has announced the newest addition to its Llama family of generative AI models: Llama 3.3 70B. In a post on X, Ahmad Al-Dahle, VP of generative AI at Meta, said that the text-only Llama 3.3 70B delivers the performance of Meta’s largest Llama model, Llama 3.1 405B, at lower cost. “By leveraging the latest […] © 2024 TechCrunch. All rights reserved. For personal use only.
Nowadays is a seed-stage company doing something really useful with AI. It automates large event planning from emails to phone calls. © 2024 TechCrunch. All rights reserved. For personal use only.